Facebook Sued For 'Anti-Competitive' Scheme - Viral Bake
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Facebook Sued For ‘Anti-Competitive’ Scheme

Social media giant Facebook has been taken under the hammer by 4 tech companies alleging it for running a worst “anti-competitive scheme” in a generation. The companies are suing the silicon valley titan for running the scheme.

https://twitter.com/business/status/1218009488558563330

Not only the 4 companies are suing Facebook but want the that CEO Mark Zuckerberg must give up his stake in the company. The four firms namely Beehive Biometric, Cir.cl, Lenddo, and Reveal Chat have filed a lawsuit in San Francisco on Thursday in this regards.

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The firms accuse Facebook of running “the most brazen, willful, anticompetitive scheme in a generation” throughout the last decade. They allege that the result of Facebook’s ownership of Instagram and WhatsApp is “one of the largest unlawful monopolies ever seen in the United States.”


Read more at RT


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